
The pharmaceutical industry is poised for significant expansion, thanks to advanced technologies like AI and rising demand for medical needs. Therefore, fundamentally strong pharma stocks Merck & Co., Inc. (MRK), Pfizer Inc. (PFE), and Lipocine Inc. (LPCN) could be ideal value investments.
The global pharmaceutical market is expected to reach $1.48 trillion by 2028, exhibiting a CAGR of 5.8%. The industry’s largest segment is oncology drugs, with a projected market volume of $188.20 billion in 2023.